With purses and shoes, it's either your "thing" or it isn't and there's no explaining it to those that don't get it :p I've paid that and more but most of my bags are cheap. But CUTE! LOL! I say if you can afford it, go for it. I tend to see things and wait to buy them and then obsess until I go back to get it! I don't have alot of bags but the ones I have I adore and regardless of price I get them because I love them! It could be $20 or $200. Life is indeed too short. Enjoy!